25 May 2022

Italian tech company continues overseas expansion to increase smart mobility

Italian tech company, Targa Telematics, has opened a new office in the Spanish Capital to help grow its foreign markets in the fields of telematics, smart mobility and digital IoT platforms for mobility operators.

The entry into the Iberian market comes a year after opening offices in Portugal. This operation consolidates the internationalisation process and continues the project of exporting technologies, services and value propositions of the Italian company.

Targa Telematics has offices in France and the United Kingdom, at the same time operating globally in the United States, Australia, New Zealand and Asia. After Germany, Spain is the second largest car manufacturer in Europe, an industry that represents 11% of the national GDP.

In the past few years, Targa Telematics says it has witnessed a significant growth by expanding overseas. This direct presence in the country will allow the company to expand its user base of fleet management and car-sharing solutions, which are developed in the Italian Research & Development hub. Targa Telematics will also play a leading role in the mobility of the future in the Iberian Peninsula as well.

Nicola de Mattia, CEO of Targa Telematics, commented: “The expansion in Spain represents a further step towards our growth and positioning. Within the next five years, we are aiming to become a global company and consolidate our role as a leader in the sector, as a player enabling transformations that are already taking place in the mobility field.

“We are totally committed to support and help our customers. Regardless of whether they are large fleet managers, rental companies, car makers, insurance companies or mobility players, we assist them in their transformation and transition to digital, to connected, electric and shared mobility, and to all the new forms of mobility. Another important factor is being logistically closer to them in their transition, to make cooperation even more profitable and increase the value we created together”.

Company info: Targa Telematics